NFM · Ohio · 2025

NFM in Ohio: approval rate, denial rate and rates (2025)

NFM took 4,370 mortgage applications in Ohio in 2025, ranking #24 of 1,092 lenders active in the state. It originated 75.7% of them and denied 1.1% (1.5% of the applications it decided), against a statewide denial rate of 17.7%.

4.4kApplicationsin OH
1.5%Decision denial ratestate 21.9%
6.75%Median ratestate 6.88%
$255,000Median loanstate $155,000
$925MVolume80 counties

NFM in Ohio vs the state

1.1%Denial rate-16.55 pts vs state
1.5%Decision denial rate-20.41 pts vs state
75.7%Origination rate+15.80 pts vs state
6.75%Median rate-0.13 pts vs state
0.49Rate spread (pts)+0.10 pts vs state
$94kMedian applicant income
3,308Loans originated
50Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,0002,2811.5%7.13%#28
20243,3752,6101.0%6.99%#30
20254,3703,3081.1%6.75%#24

What NFM lends in Ohio

By loan purpose

Home purchase 3,778 86% · 1.1% denied
Refinance 435 10% · 1.2% denied
Cash-out refinance 99 2% · 1.0% denied
Other / HELOC 58 1% · 5.2% denied

By loan type

Conventional 3,224 74% · 0.8% denied
FHA 912 21% · 2.6% denied
VA 228 5% · 0.0% denied
USDA / RHS 6 0% · 0.0% denied

Why it denied Ohio applicants

Debt-to-income ratio 19 38%
Insufficient cash 10 20%
Credit history 8 16%
Collateral 5 10%
Unverifiable information 5 10%
Other 3 6%

Where in Ohio

Counties with the most NFM applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 1,7881,36014 0.8%
Delaware County 2972363 1.0%
Licking County 2031543 1.5%
Fairfield County 1921382 1.0%
Lucas County 1521222 1.3%
Cuyahoga County 1491072 1.3%
Union County 1461000 0.0%
Marion County 120990 0.0%
Hamilton County 100706 6.0%
Stark County 94770 0.0%

Other large lenders in Ohio

LenderGradeApplicationsDenial rateMedian rate
The Huntington National BankD 42,68325.8%7.59%
Rocket MortgageC 23,16518.5%6.63%
Fifth Third BankD 21,93925.6%7.50%
Crosscountry MortgageB 16,0663.1%6.75%
United Shore Financial ServicesB 14,62613.1%6.45%
Third Federal Savings and Loan Association of ClevelandC 12,62223.0%6.74%
PNC BankD 11,60724.6%7.40%
Wright-Patt Credit UnionC 8,79128.1%7.50%
U.S. BankD 8,62338.0%7.60%
Citizens BankC 7,77524.3%7.65%

Frequently asked questions

Ohio: 4,370 applications in 2025, of which 3,308 were originated and 50 denied.

1.1% of all applications, or 1.5% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans NFM originated in Ohio in 2025 was 6.75%, against a statewide median of 6.88%.

About this data. Figures are NFM's own HMDA filing for properties located in Ohio, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology